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Google chief says Israeli tech second only to Silicon Valley
by Staff Writers
Tel Aviv (AFP) June 14, 2016


A top Google official on Tuesday hailed Israel's tech sector, saying it trailed only Silicon Valley in the United States when it comes to "initiatives".

Eric Schmidt, formerly Google chief executive and now executive chairman of its parent company Alphabet, said Israel, a country of only around eight million people, was punching far above its weight in technology.

"For a relatively small country, Israel has a super role in technological innovation," he told an audience at Google's offices in the commercial capital Tel Aviv.

"I can't think of a place where you could see this diversity and the collection of initiatives aside from Silicon Valley," he added. "That is a pretty strong statement."

Israel has long self-styled itself as the "start-up nation", encouraging entrepreneurship -- especially in the technological sector.

However, companies have often been sold to larger investors in the United States, rather than remaining in the Middle Eastern country.

Schmidt said he had seen a "maturation" of the "start-up nation" in recent years.

"(Previously) it seemed like many of the initiatives were not fully thought out," he said.

"But now I am beginning to see companies that are on their way to being worth a billion dollars."

Google acquired Waze, an Israeli real-time traffic application, for more than $1 billion in 2013 and has also bought other smaller Israeli firms.

The company develops many of its technologies in research and development centres in Tel Aviv and Haifa.

Schmidt said the small population and therefore limited local market was one of the main factors constraining Israel's tech sector.

Russian hackers breach US Democratic committee database: report
Washington (AFP) June 14, 2016 - Hackers aligned with Russia's government breached US Democratic National Committee computers and stole data including a trove of opposition research on Republican presidential hopeful Donald Trump, the Washington Post reported Tuesday.

The cyber-attack was so comprehensive, including one access to the DNC network that lasted the course of an entire year, that the intruders were able to read all email and chat traffic on the committee's system, DNC officials and security experts said, according to the daily.

A computer cleanup operation this past weekend expelled the hackers from the system, the officials and experts said, and no financial, donor or personal information appeared to have been compromised, the Post said.

The security firm that conducted the cleanup, CrowdStrike, said Tuesday on its website that they received a call from the DNC to respond to a suspected breach uncovered in April.

The firm said it quickly identified "two sophisticated adversaries on the network" including COZY BEAR, which CrowdStrike said successfully hacked into unclassified networks of the White House and State Department.

"Both adversaries engage in extensive political and economic espionage for the benefit of the government of the Russian Federation and are believed to be closely linked to the Russian government's powerful and highly capable intelligence services," the firm said.

As a main US adversary, Moscow is undoubtedly interested in obtaining information about potential future American leaders and their policies and weaknesses.

Russian hackers have also targeted the campaigns of Trump and his Democratic rival Hillary Clinton, as well as some Republican political action committees, the Post reported, citing US officials.

"The security of our system is critical to our operation and to the confidence of the campaigns and state parties we work with," House Democrat and DNC chair Debbie Wasserman Schultz said in a statement to the paper.

DNC and CrowdStrike teams "moved as quickly as possible to kick out the intruders and secure our network," she said.


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